I somd today, have held since 2015 and rebought a few times along the way.
Reasons - most basic risk assessment about Wivenhoe + westgem is that the chances of upside (win, win) versus $10m+ downside (win, loss or loss,win) (adverse costs orders plus loss of investment) or $20m downside (loss, loss) is skewed to the downside.
No way to know likelihood of the results of those cases, are clear risks, so 'letting it ride' on those two feels a bit more like punting than investing to me - once those two are off the books either way I'd be happy to buy into the case manager / fund model (as opposed to the balance sheet funder) at the right price
Ann: Investor Presentation, page-12
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Last
86.0¢ |
Change
-0.010(1.15%) |
Mkt cap ! $243.0M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 87.3¢ | 84.0¢ | $107.7K | 125.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6816 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 630 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| OBL (ASX) Chart |